FCPO TRADING : 132) SIDEWAY MARKET with higher-low
this is 132 frm haidojo trading...the gap of "lone island" is not yet filled, neither higher-high nor lower-low is formed...
so no confirmation of trend, then it is a sideway market...2630 support still hold...gap down go up today indicating the end to temporary selling pressure...long-term still in uptrend, mid-term trend becomes blurry...if you trade consolidation trades like advanced patterns, now is the time you are going to flourish, but if you trade trending, then this is the time you either stay away or... wait...
resistance : 2700-2725
support : 2670 -2630
lower support : 2560 (now the critical indicator for bull/bear)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
so no confirmation of trend, then it is a sideway market...2630 support still hold...gap down go up today indicating the end to temporary selling pressure...long-term still in uptrend, mid-term trend becomes blurry...if you trade consolidation trades like advanced patterns, now is the time you are going to flourish, but if you trade trending, then this is the time you either stay away or... wait...
resistance : 2700-2725
support : 2670 -2630
lower support : 2560 (now the critical indicator for bull/bear)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
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